https://www.taxtmi.com/caselaws?id=83766 Modvat credit on glass beads used in manufacturing audio-magnetic tapes was examined only for stay purposes, and the relevant question was whether a prima facie case had been made out for waiver of pre-deposit and stay of recovery. The materials relied on supported earlier decisions that an item used in a machine is not automatically a part of that machine, and the exclusion of machine parts under Rule 57A was also pending before a Larger Bench. On that basis, a prima facie case was found to exist, and waiver of pre-deposit with stay of recovery was granted pending disposal of the appeal. en-us Mon, 07 Nov 1994 00:00:00 +0530 Sat, 16 Jul 2011 16:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83766 Modvat credit on glass beads used in manufacturing audio-magnetic tapes was examined only for stay purposes, and the relevant question was whether a prima facie case had been made out for waiver of pre-deposit and stay of recovery. The materials relied on supported earlier decisions that an item used in a machine is not automatically a part of that machine, and the exclusion of machine parts under Rule 57A was also pending before a Larger Bench. On that basis, a prima facie case was found to exist, and waiver of pre-deposit with stay of recovery was granted pending disposal of the appeal. Case-Laws Central Excise Mon, 07 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83766